Warburg, India’s Lemon Tree form JV to invest $427.5m in co-living spaces

Photo by Victor Xok on Unsplash

Hospitality chain Lemon Tree Hotels Ltd on Thursday said it has entered into a joint venture with global private equity firm Warburg Pincus Llc to form a platform that would jointly invest about ₹3,000 crore to develop student housing and other co-living space in India.

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